How can we assist you?

asked about Buy Car

over 2 years ago

Is there any difference in the bank loan interest rate for private vehicle versus private hire (Z10) vehicle? I am trying to source information through websites but I can't find anything. Only OCBC bank states that they do not finance PHV vehicles. Anyone can advise please? Thanks in advance.

1,695 Views 1 Answer

How can we assist you?

1 Answer

Jax Chew

Hi Madeleine,

For passenger (private used car), the interest rate starts from 1.88% for parf car.

For Z10 (commercial used purpose, private hire), the interest rate starts from 3.28% with a loan processing fee.

Dbs, Maybank and several private financial institutions do provide loans for Z10


over 2 years ago